EasyMile raises $66M for its autonomous people-and-goods shuttles
We may still be a long way off from Level 5, fully self-driving cars on the open road, but companies building autonomous vehicles and shuttles for specific uses within closed-campus deployments say they are on their way to commercial operations and are raising money to get there. In the latest development, a startup out of Toulouse, France, called EasyMile which builds shuttles for transporting both people and goods has closed a Series B of €55 million ($66 million).
The funding is being led by Searchlight Capital Partners the investor that just earlier this week appointed former FCC chairman Ajit Pai as its newest partner with McWin and NextStage AM also participating. Previous investors rail industry heavyweight Alstom, Bpifrance and auto giant Continental also participated. Searchlight is also an investor in Get Your Guide and Univision.
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EasyMile and Kalray Strengthen Development Platform Collaboration
January 6, 2021 GMT
Autonomous technology provider
EasyMile and intelligent processors supplier
Kalray have deepened their relationship with the signature of a Memorandum of Understanding (MoU) formalizing their relationship to develop intelligent systems.
The partnership follows their work together in the ten-partner-strong ES3CAP collaborative project, led by Kalray and announced in 2019. The ES3CAP program, with a budget of €22.2 million over 3 years, aims to build a hardware and software platform intended for manufacturers developing critical applications requiring high computing capacity in the fields of aeronautics (aviation, flying cabs, UAVs), defense and, autonomous vehicles.
EasyMile und Kalray verstärken Zusammenarbeit bei Entwicklungsplattform boerse-social.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from boerse-social.com Daily Mail and Mail on Sunday newspapers.
KALRAY: EASYMILE AND KALRAY STRENGTHEN DEVELOPMENT PLATFORM COLLABORATION
EasyMile and intelligent processors supplier
Kalray have deepened their relationship with the signature of a Memorandum of Understanding (MoU) formalizing their relationship to develop intelligent systems.
The partnership follows their work together in the ten-partner-strong ES3CAP collaborative project, led by Kalray and announced in 2019. The ES3CAP program, with a budget of €22.2 million over 3 years, aims to build a hardware and software platform intended for manufacturers developing critical applications requiring high computing capacity in the fields of aeronautics (aviation, flying cabs, UAVs), defense and, autonomous vehicles.
EasyMile s technology interacts with all kinds of next-generation radars, cameras, and lidar sensors to autonomize a range of vehicles. Its vehicle-agnostic software makes it the partner of choice for global Original Equipment Manufacturers (OEMs). As a fabless company, Eas